Belgium vs Madagascar: Nonrenewable natural capital, oil

Belgium
0 real chained 2019 US$
in 2020
Madagascar
5.34 million real chained 2019 US$
in 2020
Belgium rank
80th
Madagascar rank
79th

Nonrenewable natural capital, oil over time

  • Belgium
  • Madagascar
02.0M4.0M6.0M8.0M10.0M199520072020

How they compare

Madagascar currently reports 5.34 million real chained 2019 US$ against 0 real chained 2019 US$ in Belgium, a difference of 5.34 million real chained 2019 US$.

Across all 26 years both countries report, Madagascar has been ahead every year.

Belgium ranks 80th and Madagascar ranks 79th of 145 countries.

Madagascar has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Belgium Madagascar Difference Ahead
1990s 0 real chained 2019 US$ 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ Madagascar
2000s 0 real chained 2019 US$ 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ Madagascar
2010s 0 real chained 2019 US$ 8.08 million real chained 2019 US$ 8.08 million real chained 2019 US$ Madagascar
2020s 0 real chained 2019 US$ 5.34 million real chained 2019 US$ 5.34 million real chained 2019 US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, oil, Belgium or Madagascar?
Madagascar, at 5.34 million real chained 2019 US$ against 0 real chained 2019 US$ in Belgium as of 2020.
What is the difference in nonrenewable natural capital, oil between Belgium and Madagascar?
5.34 million real chained 2019 US$, with Madagascar ahead.
How many years of comparable data are there for Belgium and Madagascar?
26 years are reported by both, from 1995 to 2020.
How do Belgium and Madagascar rank globally for nonrenewable natural capital, oil?
Belgium ranks 80th and Madagascar ranks 79th of 145 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Madagascar: Nonrenewable natural capital, oil. Statizoid, drawing on World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/nonrenewable-natural-capital-oil-real-chained-2019-us/belgium/madagascar/

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About this data

Indicator
Nonrenewable natural capital, oil (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 3,729 data points, 1995–2020
Last refreshed

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.